ECONOMICS
GDP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An American buys a car made in Japan
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Consumer spending
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Government spending
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Investment spending
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Net exports of goods and services
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Explanation:
Detailed explanation-1: -2 It is important to note that a country can be a net importer in a certain area while being a net exporter in other areas. For example, Japan is a net exporter of electronic devices, but it must import oil from other countries to meet its needs.
Detailed explanation-2: -The formula for net exports is a simple one: The value of a nation’s total export goods and services minus the value of all the goods and services it imports equals its net exports.
Detailed explanation-3: -Net exports of goods and services is the difference between U.S. exports of goods and services and U.S. imports of goods and services.
There is 1 question to complete.